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The promotion of Dr. Urjit Patel to the post of RBI Governor is likely to have left a lot of people scratching their heads, as by all accounts, the government hasn't replaced Rajan with someone more expansive and optimistic, but instead, with another inflation 'hawk', which probably means that the powers-that-be did indeed think that the outgoing governor was too much of a Rockstar! Also, the Olympics end in one big wet party, torrents get dangerous, and start-ups' woes continue!
The promotion of Dr. Urjit Patel to the post of RBI Governor is likely to have left a lot of people scratching their heads, as by all accounts, the government hasn't replaced Rajan with someone more expansive and optimistic, but instead, with another inflation 'hawk', which probably means that the powers-that-be did indeed think that the outgoing governor was too much of a Rockstar! Also, the Olympics end in one big wet party, torrents get dangerous, and start-ups' woes continue!